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Side-by-side financial comparison of Bridgewater Bancshares Inc (BWB) and Quipt Home Medical Corp. (QIPT). Click either name above to swap in a different company.

Quipt Home Medical Corp. is the larger business by last-quarter revenue ($49.0M vs $46.2M, roughly 1.1× Bridgewater Bancshares Inc). Bridgewater Bancshares Inc runs the higher net margin — 37.7% vs -2.1%, a 39.8% gap on every dollar of revenue.

Bridgewater Bancshares Inc. is a regional bank holding company headquartered in Minnesota, U.S. It offers a full suite of commercial and retail banking services including business loans, deposit products, residential mortgages, and personal banking solutions, primarily serving SMEs, individual consumers and local commercial clients in its operating areas.

Quipt Home Medical Corp is a U.S.-based home medical equipment provider specializing in respiratory care, sleep therapy supplies, and chronic disease management products. It serves patients with long-term health conditions, partners with healthcare providers and insurance payers across operating regions to deliver accessible in-home medical solutions.

BWB vs QIPT — Head-to-Head

Bigger by revenue
QIPT
QIPT
1.1× larger
QIPT
$49.0M
$46.2M
BWB
Higher net margin
BWB
BWB
39.8% more per $
BWB
37.7%
-2.1%
QIPT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BWB
BWB
QIPT
QIPT
Revenue
$46.2M
$49.0M
Net Profit
$17.4M
$-1.1M
Gross Margin
53.5%
Operating Margin
2.1%
Net Margin
37.7%
-2.1%
Revenue YoY
32.3%
Net Profit YoY
80.7%
2.9%
EPS (diluted)
$0.58
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BWB
BWB
QIPT
QIPT
Q1 26
$46.2M
Q4 25
$38.8M
$49.0M
Q3 25
$36.2M
$39.8M
Q2 25
$36.1M
$35.1M
Q1 25
$32.3M
$33.3M
Q4 24
$29.5M
$37.1M
Q3 24
$27.1M
Q2 24
$26.8M
Net Profit
BWB
BWB
QIPT
QIPT
Q1 26
$17.4M
Q4 25
$13.3M
$-1.1M
Q3 25
$11.6M
$-3.5M
Q2 25
$11.5M
$-3.0M
Q1 25
$9.6M
$-3.0M
Q4 24
$8.2M
$-1.1M
Q3 24
$8.7M
Q2 24
$8.1M
Gross Margin
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
53.5%
Q3 25
48.7%
Q2 25
57.6%
Q1 25
54.6%
Q4 24
52.1%
Q3 24
Q2 24
Operating Margin
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
44.2%
2.1%
Q3 25
41.8%
-3.6%
Q2 25
42.0%
-5.2%
Q1 25
39.2%
-3.0%
Q4 24
35.6%
1.2%
Q3 24
41.9%
Q2 24
39.7%
Net Margin
BWB
BWB
QIPT
QIPT
Q1 26
37.7%
Q4 25
34.3%
-2.1%
Q3 25
32.1%
-8.9%
Q2 25
31.9%
-8.6%
Q1 25
29.8%
-9.1%
Q4 24
27.8%
-2.9%
Q3 24
32.0%
Q2 24
30.3%
EPS (diluted)
BWB
BWB
QIPT
QIPT
Q1 26
$0.58
Q4 25
$0.42
$-0.02
Q3 25
$0.38
$-0.07
Q2 25
$0.38
$-0.07
Q1 25
$0.31
$-0.07
Q4 24
$0.26
$-0.03
Q3 24
$0.27
Q2 24
$0.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BWB
BWB
QIPT
QIPT
Cash + ST InvestmentsLiquidity on hand
$222.2M
$10.5M
Total DebtLower is stronger
$84.0M
Stockholders' EquityBook value
$528.4M
$113.0M
Total Assets
$5.3B
$280.7M
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWB
BWB
QIPT
QIPT
Q1 26
$222.2M
Q4 25
$123.5M
$10.5M
Q3 25
$131.8M
$12.9M
Q2 25
$217.5M
$11.3M
Q1 25
$166.2M
$17.1M
Q4 24
$229.8M
$15.5M
Q3 24
$191.9M
Q2 24
$134.1M
Total Debt
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
$84.0M
Q3 25
$87.6M
Q2 25
$66.0M
Q1 25
$71.5M
Q4 24
$70.6M
Q3 24
Q2 24
Stockholders' Equity
BWB
BWB
QIPT
QIPT
Q1 26
$528.4M
Q4 25
$517.1M
$113.0M
Q3 25
$497.5M
$112.1M
Q2 25
$476.3M
$102.5M
Q1 25
$469.0M
$103.6M
Q4 24
$457.9M
$106.3M
Q3 24
$452.2M
Q2 24
$439.2M
Total Assets
BWB
BWB
QIPT
QIPT
Q1 26
$5.3B
Q4 25
$5.4B
$280.7M
Q3 25
$5.4B
$283.3M
Q2 25
$5.3B
$236.1M
Q1 25
$5.1B
$244.6M
Q4 24
$5.1B
$242.8M
Q3 24
$4.7B
Q2 24
$4.7B
Debt / Equity
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
0.74×
Q3 25
0.78×
Q2 25
0.64×
Q1 25
0.69×
Q4 24
0.66×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BWB
BWB
QIPT
QIPT
Operating Cash FlowLast quarter
$8.9M
Free Cash FlowOCF − Capex
$6.9M
FCF MarginFCF / Revenue
14.0%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
$27.8M
$8.9M
Q3 25
$9.4M
$9.8M
Q2 25
$4.0M
$9.7M
Q1 25
$7.5M
$8.9M
Q4 24
$46.4M
$9.3M
Q3 24
$-6.0M
Q2 24
$10.6M
Free Cash Flow
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
$22.0M
$6.9M
Q3 25
$7.8M
$8.0M
Q2 25
$2.8M
$4.4M
Q1 25
$6.9M
$7.3M
Q4 24
$42.3M
$5.6M
Q3 24
$-6.5M
Q2 24
$10.4M
FCF Margin
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
56.6%
14.0%
Q3 25
21.5%
20.0%
Q2 25
7.8%
12.6%
Q1 25
21.5%
22.0%
Q4 24
143.4%
15.2%
Q3 24
-23.8%
Q2 24
38.9%
Capex Intensity
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
15.1%
4.2%
Q3 25
4.4%
4.6%
Q2 25
3.2%
14.9%
Q1 25
1.7%
4.8%
Q4 24
13.8%
9.9%
Q3 24
1.7%
Q2 24
0.7%
Cash Conversion
BWB
BWB
QIPT
QIPT
Q1 26
Q4 25
2.09×
Q3 25
0.81×
Q2 25
0.35×
Q1 25
0.77×
Q4 24
5.65×
Q3 24
-0.69×
Q2 24
1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BWB
BWB

Net Interest Income$36.6M79%
Noninterest Income$9.6M21%

QIPT
QIPT

Segment breakdown not available.

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